Environmental Factors and Social Entrepreneurship
Elisabet Ferri () and
David Urbano ()
No 1003, Working Papers from Departament Empresa, Universitat Autònoma de Barcelona
Social entrepreneurship has been a subject of growing interest by academics and governments, however little still being known about environmental factors that affect this phenomenon. The main objective of this study is to analyze how these factors affect social entrepreneurial activity, in the light of the institutional economic theory as the conceptual framework. Using linear regression analysis for a sample of 49 countries, is studied the impact of informal institutions (social needs, societal attitudes and education) and formal institutions (public spending, access to finance and governance effectiveness) on social entrepreneurial activity. The findings suggest that while societal attitudes increase the rates of social entrepreneurship, public spending has a negative relationship with this phenomenon. Finally, the empirical evidence found could be useful for the definition of government policies on promoting social entrepreneurship.
Keywords: Social entrepreneurship; social entrepreneurial activity; social enterprise creation; institutions; institutional economics. (search for similar items in EconPapers)
Pages: 42 pages
Date: 2010-09, Revised 2010-09
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Published in Working Papers at the Department of Business, Setember pages 1-42
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Persistent link: https://EconPapers.repec.org/RePEc:bbe:wpaper:1003
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